Short Interest in Haier Smart Home Co., Ltd. (OTCMKTS:HRSHF) Drops By 70.0%

Haier Smart Home Co., Ltd. (OTCMKTS:HRSHFGet Free Report) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 2,130,784 shares, a drop of 70.0% from the July 30th total of 7,100,054 shares. Based on an average trading volume of 2,599 shares, the short-interest ratio is currently 819.8 days.

Haier Smart Home Stock Performance

Shares of HRSHF remained flat at $2.67 during midday trading on Friday. Haier Smart Home has a 12-month low of $2.25 and a 12-month high of $3.75. The company has a fifty day moving average of $2.70 and a 200 day moving average of $2.82.

About Haier Smart Home

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Haier Smart Home Co, Ltd., trading on the OTC Markets under the symbol HRSHF, is a leading global manufacturer of home appliances and consumer electronics. Headquartered in Qingdao, China, the company develops, produces and markets a comprehensive range of products, including refrigerators, washing machines, air conditioners, kitchen appliances and small domestic devices. With a strong emphasis on innovation and quality, Haier Smart Home serves residential, commercial and specialized markets across more than 100 countries and regions.

Its diversified brand portfolio features names such as Haier, Casarte and Leader, alongside GE Appliances, which Haier acquired in 2016 to bolster its North American presence.

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